Seller's Agent in 2020
John Kemp
Keller Williams Realty Empire
(917) 589-5248
6 in this area
11 Total Sales
Estimated Value: $1,089,000 - $1,195,000
3
Beds
2
Baths
1,280
Sq Ft
$895/Sq Ft
Est. Value
Highlights
- Pre War Building
- 4-minute walk to 86 Street (R Line)
- Garage
- P.S. 264 Bay Ridge Elementary School for the Arts Rated A-
- Community Garden
- Laundry Facilities
About This Home
As of April 2020LOCATION, LOCATION, LOCATION. This brick, single-family house is situated in the heart of Bay Ridge just two blocks from the R train at 86th Street, and less than one block off the famed Restaurant Row on 3rd Avenue. Despite being in the middle of it all, 88th Street is a quiet tree-line street that affords its residents a respite from all the hustle and bustle that surround it.
With northern and southern exposures, the first and second floors of the house receive an abundance of natural light. The first floor includes the living room, eat-in kitchen, and formal dining room which flows onto your own private deck and down to a backyard. There are three bedrooms on the second floor with ample closet space and full bathroom. Hardwood floors run throughout both floors. The fully finished basement has a separate entry, laundry room, bathroom, and provides access to the private garage as well as the backyard.
Last Agent to Sell the Property
Keller Williams Realty Empire License #10401251524 Listed on: 10/11/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,547
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 20.0 x 100.0
Parking
- Garage
Home Design
- Pre War Building
Interior Spaces
- 1,280 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Listing and Financial Details
- Legal Lot and Block 21 / 6062
Community Details
Overview
- Fort Hamilton Subdivision
Amenities
- Community Garden
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2019
Closed on
Apr 3, 2020
Sold by
Kenneth V Lipio Revocable Trust U/T/D 6
Bought by
Lam Joann and Mui Nicholas
Seller's Agent
John Kemp
Keller Williams Realty Empire
List Price
$915,000
Sold Price
$915,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,111
Avg. Annual Appreciation
4.11%
Original Mortgage
$732,000
Outstanding Balance
$645,987
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$499,124
Purchase Details
Closed on
Jun 22, 2018
Sold by
Lipio Kenneth V
Bought by
Kenneth V Lipio Revocable Trust and Lipio, Jr , Trustee, Aloysius
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lam Joann | $915,000 | -- | |
| Kenneth V Lipio Revocable Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lam Joann | $732,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2020 04/03/20 | Sold | $915,000 | 0.0% | $715 / Sq Ft |
| 12/12/2019 12/12/19 | Pending | -- | -- | -- |
| 10/11/2019 10/11/19 | For Sale | $915,000 | -- | $715 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,547 | $69,840 | $13,680 | $56,160 |
| 2024 | $9,547 | $59,220 | $13,680 | $45,540 |
| 2023 | $9,157 | $72,660 | $13,680 | $58,980 |
| 2022 | $7,783 | $62,520 | $13,680 | $48,840 |
| 2021 | $6,811 | $58,140 | $13,680 | $44,460 |
| 2020 | $5,429 | $60,360 | $13,680 | $46,680 |
| 2019 | $7,540 | $60,360 | $13,680 | $46,680 |
| 2018 | $6,932 | $34,006 | $8,974 | $25,032 |
| 2017 | $6,932 | $34,006 | $9,111 | $24,895 |
| 2016 | $6,446 | $32,246 | $11,346 | $20,900 |
| 2015 | $3,650 | $31,839 | $12,059 | $19,780 |
| 2014 | $3,650 | $30,038 | $13,644 | $16,394 |
Source: Public Records
Agents Affiliated with this Home
-
John Kemp
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10613057
APN: 06062-0021
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